For me, I've always (unfortunately) love luxury goods so I always save a bit to splurge 1-2 times a year.
I eventually got a trinity cord bracelet my soph year from a japanese ebay seller (is 100% authentic) and the Tank Francaise ring my senior year from
Fashionphile. Most of that was funded by money I've saved over time with summer jobs/ internships & campus jobs (plus occasionally bday & holiday gift from parents)
In the past year, since I've been working full-time since graduating college in 2021, I found myself not wanting to buy any clothes (aside for essentials like socks and underwear & perhaps a few shirts/ sweaters/ pants) or going out to restaurants (even takeout/ delivery - recently moved next to a Trader Joe's).
Back in college, I definitely did not have the spare cash to buy a Cartier ring that is more than $1000 so a lot of my expenses were tiny things like shopping the sales for clothes but realizing I had the same type of sweater or buying cheaper jewelry (either 14k vermeil or 14k pure) from places like mejuri and aurate and vrai and automic around 2019-2020.
But at the end of it, I never liked my mejuri and aurate and vrai and automic pieces because they were not Cartier.
I just did the calculations today - in total 3 Aurate necklaces (14k white gold, vermeil, 22 inches) add up to nearly $550 before tax. I have no clue how much the Trinity Cord bracelet costed in 2019-2020 but I wish I had not bought all those mejuri and aurate and vrai and automic jewelry that I never wore and had saved gradually to buy the Cord that I still wear 24/7 everyday.
I sold the 3 Aurate necklaces for $230 on poshmark representing nearly a 60% drop in value for something I've never worn except when I first received them. Yes, I know jewelry is notorious for keeping its value but still have some regrets.
I eventually sold all those mejuri and vrai and automic pieces on Poshmark. With that, I was able to save up and have essentially a very small capsule collection of rings, bracelets, and one necklace to wear for any occasion (mostly only Cartier, some small/ local NYC jewelers, some Etsy too).